The Nigerian Communications Commission, NCC, has announced that the interconnect debt dispute between MTN Nigeria Communications Plc., MTN, and Globacom Limited, Globacom, has been amicably resolved.
The announcement was made on Thursday in a statement issued by NCC’s Director, Public Affairs, Mr. Reuben Muoka.
He said in accordance with the resolution, the disconnection approval granted to MTN for the disconnection of Globacom had been withdrawn.
He added that following its initial public notice, the commission with the aim of mitigating any potential disruptions to subscribers undertook further regulatory intervention, by mediating between the parties and facilitating the reconciliation process.
According to the spokesman, the commission reiterated that strict adherence to the terms and conditions of licenses, particularly those delineated in interconnection agreements, was imperative for all Mobile Network Operators, MNOs, and other licensees within the telecommunications industry.
In order to proactively address and prevent future instances of interconnect indebtedness within the industry, the commission, he said, would be requesting relevant records and regular updates from MNOs, as well as adopting a transparent approach towards industry indebtedness.
The spokesman said the statement served as a reminder of the commission’s commitment to fostering a stable and compliant telecommunications ecosystem in Nigeria.